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Nov 27, 2012
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220 men join us with the reaction. egyptian president makes a power grab that could make a feral blush. violent protests break out. will they bring mideast turmoil to new heights? one of the reasons top experts. getting a pink slip for not getting a flu shot. one employer fires all workers refusing to get the flu vaccine. is it legal? could more businesses follow suit? if even when they say it's not, it's always about "money." ♪ melissa: first, let's take a look at the day's market headlines. fiscal cliff years made a comeback and strong retail sales are not enough to offset the concern. the dow closed down 42 points. facebook shares some otherbest in four months. two formerly bearish analysts upgrade their outlook citing increasing revenue from mobile ads. and as our own charlie gasparino first reported, mary schapiro stepping down as chairman of the sec. officially leave office on december 14th. she ran the securities regulator for nearly four years. president obama will appoint current sec commissioner to run the
220 men join us with the reaction. egyptian president makes a power grab that could make a feral blush. violent protests break out. will they bring mideast turmoil to new heights? one of the reasons top experts. getting a pink slip for not getting a flu shot. one employer fires all workers refusing to get the flu vaccine. is it legal? could more businesses follow suit? if even when they say it's not, it's always about "money." ♪ melissa: first, let's take a look at the day's market...
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Nov 27, 2012
11/12
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CURRENT
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this deal still kicks ass for us. we'll cut the living hell out of what we call entitlements, social security and medicare and medicaid. lloyd blankfein listen to what he said about so-called indictmentment. >> you'll have to lower people's expectations the entitlements and what people think they're going to get because it's not going--they're not going to get it. >> cenk: you're not going to get it. i'm going to get it. that's lloyd blankfein. this is the guy whose company took $10 billion in federal bailout and an extra $14 billion through back door bailouts of aig. in the last quarter--that's just a quarter of the year they made $8.4 billion. how much of that did the u.s. taxpayer get for bailing their ass out? none of it. we got the initial $10 billion mac. we did not get the back door bailout back. we did not get a piece of that company. finally look at his salary were last year. it will probably be higher than this year, $16.4 million. so he gets the bailouts from the government i am entitled. i have an expectat
this deal still kicks ass for us. we'll cut the living hell out of what we call entitlements, social security and medicare and medicaid. lloyd blankfein listen to what he said about so-called indictmentment. >> you'll have to lower people's expectations the entitlements and what people think they're going to get because it's not going--they're not going to get it. >> cenk: you're not going to get it. i'm going to get it. that's lloyd blankfein. this is the guy whose company took $10...
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Nov 27, 2012
11/12
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thanks for being with us. see you tomorrow night. >> greta: tonight a real cliff-hanger, starring guess who. you, and of course the rest of us. we're all on the edge of this fiscal cliff. >> we don't think that raising tax rates is something that's good for this economy, that will help grow jobs. and so what we have said is there are ways for the federal government to have more revenue if we grow this economy and engage in tax reforms. >> every economist i respect says if you raise tax rates at this time -- in fact the president said that a couple years ago -- that it harms the economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off th
thanks for being with us. see you tomorrow night. >> greta: tonight a real cliff-hanger, starring guess who. you, and of course the rest of us. we're all on the edge of this fiscal cliff. >> we don't think that raising tax rates is something that's good for this economy, that will help grow jobs. and so what we have said is there are ways for the federal government to have more revenue if we grow this economy and engage in tax reforms. >> every economist i respect says if you...
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Nov 27, 2012
11/12
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he joins us shortly. i'll ask him to be more specific about whether that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and kee
he joins us shortly. i'll ask him to be more specific about whether that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with...
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Nov 27, 2012
11/12
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CNBC
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tell us what's happening? >> richard williamson, long-time am employee, more than a decades, reports out he has been let go by apple, that he was in charge of apple maps which clearly was a bit of a fiasco. ceo tim cook apologized for those. eddie cue, who is in charge of apple's services, taking the reins. not so sure all this can be attributed to maps. i have calls into am. they have not confirmed this officialism williamson is a software engineer by training, at next, was as scott forestall, not sure this is just about plans. i will bring you more when i have t. >> look forward to it very much, jon. thank you. >>> let the daydreaming commence, the powerball jackpot is now $500 million. that's $500 million. cnbc's wealth ed tore robert frank is here with advice for the future winner. you got your ticket she is in >> not yet, sue, but countless stories on the web today what people could buy with their $500 million from diamond tiaras to ferraris to private jumbo jets. we wanted smarter advice what the whipper
tell us what's happening? >> richard williamson, long-time am employee, more than a decades, reports out he has been let go by apple, that he was in charge of apple maps which clearly was a bit of a fiasco. ceo tim cook apologized for those. eddie cue, who is in charge of apple's services, taking the reins. not so sure all this can be attributed to maps. i have calls into am. they have not confirmed this officialism williamson is a software engineer by training, at next, was as scott...
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Nov 27, 2012
11/12
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FBC
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it is time to put that behind us. us. neil: why don't the -- lou: judg why don't the democras care ether he is elected or not? >> the republicans who took this pled were elected taking the pledge. >> they bragged about it you know, 1994, could not have happened without grover norquist. and always about tern that theo personalty not policy, let's talk about the issue, is medicare going bankrupt or not, senator dirk durban saying we have to tackle medicare or it will be bankrupt in 12 years. let's talk about that instead of norquist, he is one of the most selfless guys in politics. you know this is a reagannesque parts of the soul of the republican party, if some want to break their own pledge to voters not to raise taxes they can do that and be account able. lou: there is not a reagan nesque figure in the republican party right now who is the intellectual leader right now? what group of the republican party? the governors? >> kelly ann is right, governors, there are 38 republican governors, there will be after the first of
it is time to put that behind us. us. neil: why don't the -- lou: judg why don't the democras care ether he is elected or not? >> the republicans who took this pled were elected taking the pledge. >> they bragged about it you know, 1994, could not have happened without grover norquist. and always about tern that theo personalty not policy, let's talk about the issue, is medicare going bankrupt or not, senator dirk durban saying we have to tackle medicare or it will be bankrupt in 12...
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Nov 27, 2012
11/12
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and of course use common sense. it's always better to go into a pool with people you know and trust. then all you have to decide is what do you do with the money if you win. what would be your first big splurge? i'm alison kosik in new york. >> good advice, alison. thank you. the biggest problem between the united states and mexico right now and how to solve it, i'm going to be speaking with mexico's president-elect enrique pena nieto. my exclusive interview with the newly elected president of mexico, that's just ahead. could only come from nature.s new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunge
and of course use common sense. it's always better to go into a pool with people you know and trust. then all you have to decide is what do you do with the money if you win. what would be your first big splurge? i'm alison kosik in new york. >> good advice, alison. thank you. the biggest problem between the united states and mexico right now and how to solve it, i'm going to be speaking with mexico's president-elect enrique pena nieto. my exclusive interview with the newly elected...
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Nov 27, 2012
11/12
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leading us to ask why. because a vocal minority on the hard left continues to argue to leaders of their party from the president on down that democrats in washington should do absolutely nothing about short-term or long-term spending problems. >> and there you had mitch mcconnell on the senate floor yesterday. again, what we'll probably hear over the next 35 days, certainly coming out of capitol hill, will be a lot of strong hyperbole. the fact of the matter is they do have to reach some sort of a deal. >> when he says that they're willing to do nothing, i think is it fair to say that if the republicans have stepped out of their comfort zone that maybe each side is taking teeny-weeny baby steps toward the middle or is that an overstatement? >> i thk you're right on that. and the fact of the matter is there's going to have to be compromise on both parts. it's not just one party that can compromise. in fact, yesterday, during the white house briefing jay carney was asked specifically about what's happening wi
leading us to ask why. because a vocal minority on the hard left continues to argue to leaders of their party from the president on down that democrats in washington should do absolutely nothing about short-term or long-term spending problems. >> and there you had mitch mcconnell on the senate floor yesterday. again, what we'll probably hear over the next 35 days, certainly coming out of capitol hill, will be a lot of strong hyperbole. the fact of the matter is they do have to reach some...
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Nov 27, 2012
11/12
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CSPAN2
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it's leading us. so the first thing i would say is i think it's important for us to realize, and the arguments, marie's point is this is a cultural phenomenon. others could make the case this is an economic phenomenon. i don't think it's as important what the cause is. the first step is to recognize that we had huge problem problem in our country. these gaps on income and the fact is more and more people that are born into poverty will stay into poverty and the middle-class is being disrupted in ways that are dramatic. still a huge problem. we will let others have the debate about why this. it may be a combination of many things, i think we can all share the belief that there is one path that we know for certain that could change this course. and that is to assure the we move to a child centered education system where we have no excuses for the type that we have these big education gap that will yield income gaps and lives that are constrained, because people don't have the power of knowledge. in fact
it's leading us. so the first thing i would say is i think it's important for us to realize, and the arguments, marie's point is this is a cultural phenomenon. others could make the case this is an economic phenomenon. i don't think it's as important what the cause is. the first step is to recognize that we had huge problem problem in our country. these gaps on income and the fact is more and more people that are born into poverty will stay into poverty and the middle-class is being disrupted...
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Nov 27, 2012
11/12
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CSPAN
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and erskine, al, each of us, all 18 of us, what do you think? i said i absolutely, positively cannot vote for that. there are six things here that are showstoppers as far as i'm concerned. when it gets to the amendment process and we sit down and go through this i'm going to fix those things or vote against it. writes down the six things and leaves. and goes to every office and does the same. the next thing that happened was we didn't have an amendment process. we had the final draft. and i looked at it and four or five of the six were taken care of. i thought, now, durbin, what are you going to do? i voted for it. it takes some leaders who were willing to sit down and make compromises and listen. in this case apparently the negotiations directly between the white house and speaker boehner, and rob neighbors in the white house, there is no better person for the president to assign to this job. i just think the world of him. i have known him for years and have the highest respect for him. i hope that speaker boehner will just agree to one basic p
and erskine, al, each of us, all 18 of us, what do you think? i said i absolutely, positively cannot vote for that. there are six things here that are showstoppers as far as i'm concerned. when it gets to the amendment process and we sit down and go through this i'm going to fix those things or vote against it. writes down the six things and leaves. and goes to every office and does the same. the next thing that happened was we didn't have an amendment process. we had the final draft. and i...
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Nov 27, 2012
11/12
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CSPAN
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it's a big deal for us. host: what regulations would you be open to, your organization, open to that would give environmentalists confidence that the hydraulic fracking, what is used for natural gas, that that is safer? guest: a couple things. we need to keep in mind there are many groups out there like the sierra club who have launched a campaign that says, beyond natural gas. their goal is not to produce natural gas in the united states. so it's difficult to appease or satisfy them because they fundy don't want the production of the resource. those who are willing to work with us, we believe we can find balance to address any concerns that are raised. the water issues. today the states where we're producing the resource have regulated the water issues. we think we need to be careful that we don't overregulate the activity. today the federal government has 10 different departments or agencies looking to regulate this technology. it's already being regulated at the state level. the governors, democrats and r
it's a big deal for us. host: what regulations would you be open to, your organization, open to that would give environmentalists confidence that the hydraulic fracking, what is used for natural gas, that that is safer? guest: a couple things. we need to keep in mind there are many groups out there like the sierra club who have launched a campaign that says, beyond natural gas. their goal is not to produce natural gas in the united states. so it's difficult to appease or satisfy them because...
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Nov 27, 2012
11/12
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he joins us now live. welcome. >> thank you. >> you attended a walkout at a walmart in orlando on black friday. and you showed your solidarity the night before by delivering bagged meals to walmart employees who had to work on thanksgiving. that caused walmart to call the cops. so tell us what happened. >> we went to walmart to hand out thanksgiving dinners to them because they had to work on their thanksgiving, couldn't be with their families. we brought a bag, the bag had three things -- a turkey sandwich because it was thanksgiving, a bag of chips, and a letter explaining what their rights are to organize. >> then so -- cops were called? what did the cops do when they arrived? tell us about that. >> it was the security staff. walmart always has security staff around. once they saw that we were handing out the bags, they objected, asked us to leave, and we left. the security staff simmply escorted us as they often do. the important thing is we showed workers what their rights are. walmart tries to keep t
he joins us now live. welcome. >> thank you. >> you attended a walkout at a walmart in orlando on black friday. and you showed your solidarity the night before by delivering bagged meals to walmart employees who had to work on thanksgiving. that caused walmart to call the cops. so tell us what happened. >> we went to walmart to hand out thanksgiving dinners to them because they had to work on their thanksgiving, couldn't be with their families. we brought a bag, the bag had...
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Nov 27, 2012
11/12
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CNNW
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the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ >>> if you don't know who he says, perhaps you know the name, angus t. jones, he's been starring in "two and a half men." today he's 19, so he's grown up befor
the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one...